A firm evaluates all of its projects by applying the IRR rule.

Year $-$ Cash Flow

$0$$ $160,000$

$1-56,000$

$2-83,000$

$3-67,000$

What is the project's IRR?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

If the required return is $15$ percent, should the firm accept the project?